- Donald Trump is promoting “The DeFiant Ones,” a new family-run decentralized finance (DeFi) platform, on Truth Social.
- This move is part of his broader appeal to the crypto community, positioning himself as a pro-crypto U.S. presidential candidate.
- However, specific details about the platform’s functionality or launch date remain scant as of Friday.
Donald Trump is pushing a family-run crypto project as he positions himself as a pro-crypto candidate ahead of the U.S. presidential election in November.
Trump on Thursday promoted the forthcomingĀ decentralized financeĀ (DeFi) platform “The DeFiant Ones” to his 7.5 million followers on the social application Truth Social, including a link to a Telegram group page for the project, which had over 40,000 subscribers as of Friday.
āFor too long, the average American has been squeezed by the big banks and financial elites,ā Trump wrote. āIt’s time we take a standātogether.ā
Trumpās son, Donald Trump Jr., reposted the image on his X account, having promoted the platform alongside brother Eric Trump for weeks. The scions are leading the project.
Little is known about the platform, including launch dates or specific details. However, messages posted on the DeFiant Onesā Telegram group call it the āTrump DeFi projectā and the āfuture of finance.ā
In separate posts earlier this month before the project was revealed, Eric Trump said he had ātruly fallen in love with Crypto / DeFiā and was āabout to shake up the crypto world with something HUGE.ā
Trump, the Republican candidate, is no stranger to crypto projects. Trump-related companies or official licensing was previously used forĀ non-fungible tokenĀ (NFT) projects and aĀ line of bitcoin-themed sneakersĀ that sold out hours after launching.
Source:- yahoo.finance